Apple raises app prices, spurred by currency swings
Move indicates that the company believes the US dollar is poised to remain strong this year
San Francisco
APPLE Inc changed the prices of software applications from Canada to Europe on Friday in one of the company's more comprehensive global responses to currency swings in recent years.
With the US dollar rising, Apple last week told software makers selling programs through its online App Store that it's increasing app prices in the European Union, Norway, Canada and Russia because of foreign exchange rates and taxes. The changes took effect on Friday, with the entry- level price for apps in Canada rising to US$1.19 from 99 US cents. In Europe, the basic app price jumped to 0.99 euro (S$1.55) from 0.89 euro.
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